WuBlockchain
Strategy resumed Bitcoin accumulation with a 1,550 BTC purchase worth roughly $101 million, lifting its corporate treasury to 845,256 BTC. The buy continues the company's pattern of opportunistic adds during softer tape.
Why it matters
BitMine Immersion Technologies has now moved close to 5% of total Ethereum supply, a structural concentration milestone that puts a single corporate treasury near a meaningful share of the network. Combined with Strategy's continued BTC bid, two of the largest public-market vehicles for crypto exposure are adding into the same week. Separately, 200+ crypto firms signed a joint letter pushing the US Clarity Act, a market-structure bill seen as the most consequential pending crypto legislation. On the political-money side, Trump-linked crypto ventures have generated $2.3 billion in revenue to date.
Market impact
Bitmain co-founder Jihan Wu's promotional selling of HYPE and other altcoins — along with Arthur Hayes trimming positions — added a layer of insider-led supply hitting thin altcoin books the same week. With corporate treasuries adding to BTC and ETH while altcoin insiders distribute, the bid is concentrating at the top of the market cap stack.
Source: [WuBlockchain Weekly: Strategy Resumes BTC Buys, Hayes Sells Altcoin and Trump Crypto Project Nets $2.3B, etc — Wu Blockchain](https://wublock.substack.com/p/wublockchain-weekly-strategy-resumes)
Frequently asked questions
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How much Bitcoin did Strategy buy this week?
Strategy purchased 1,550 BTC for roughly $101 million, bringing its total corporate holdings to 845,256 BTC, according to the company's weekly update cited by Wu Blockchain.
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How close is BitMine to 5% of total ETH supply?
BitMine Immersion Technologies is approaching 5% of total Ethereum supply, a structural concentration milestone for a single corporate treasury vehicle.
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What is the Clarity Act and who is backing it?
The Clarity Act is a US market-structure bill seen as the most consequential pending crypto legislation. Over 200 crypto firms signed a joint letter pushing the bill forward.
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How much revenue have Trump-linked crypto ventures generated?
Trump-linked crypto ventures have generated $2.3 billion in cumulative revenue, according to the Wu Blockchain weekly recap.
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Which altcoins are insiders selling this week?
Bitmain co-founder Jihan Wu and Arthur Hayes have been selling HYPE and other altcoins, adding insider-led supply into thin altcoin books while corporate treasuries accumulate BTC and ETH.
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